When They Said "Buy The Bottom" Is This What They Meant?
Summary
• Buttcoin was originally a Bitcoin parody dating back to 2011, with roots in early crypto satire and the r/Buttcoin subreddit.
• The term gained wider attention after a satirical blog popularized it.
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Buttcoin’s lore spans over a decade, beginning in 2011 as a running joke among crypto skeptics. It was used to mock Bitcoin’s complexity, with Reddit threads and memes branding Buttcoin as a “simpler alternative.”
The term was further spread by the launch of a satirical blog which was eventually purchased by a bitcoin mining company to remove negative reviews, and later seized by the FTC
On December 6, 2013 Dogecoin launched, but Buttcoin lore claims it came first. Over the years, the meme persisted in forums like r/Buttcoin and became shorthand for mocking blockchain hype.
Shadow, a well-known trader and holder, has been bullposting Buttcoin for a while. He recently said that once @ButtCoin verified himself as the original creator, he felt comfortable promoting the coin.
Buttcoin launched on January 10, 2026. Viral X posts and memes led to a rapid surge, with a $30M market cap reached within 23 days. Community efforts later tracked down McMurray, who acknowledged the revival of his original parody.
